Tagged: BitOoda

March 8, 2024 @ 7:49 am By Omar Faridi  |  

BitOoda, a digital investment bank, entered a partnership with Newmark, a commercial real estate adviser, that will allow the firms to combine their expertise and relationships across the AI, data center, and Bitcoin mining industries. The partnership will enable BitOoda and Newmark to “serve clients… Read More

March 6, 2022 @ 4:16 pm By Omar Faridi  |  

The correlation of Bitcoin to the Nasdaq is currently ~57%, “climbing over the past week,” according to an update from BitOoda. As the team at BitOoda had noted this past week, the Russian invasion of Ukraine led to “a large sell off that reversed faster… Read More

February 25, 2022 @ 8:20 am By Omar Faridi  |  

International markets are experiencing a massive increase in volatility with Russia’s invasion of Ukraine. The severe humanitarian crisis that could unfold over the next few days and weeks “could be the worst in Europe in decades, with loss of life and property, as well as… Read More

February 23, 2022 @ 8:37 am By Omar Faridi  |  

The research team at BitOoda has provided an update on Bitcoin and broader public markets. As of February 15, 2022, $291 million in YTD fund outflows have taken place along with an inverted term structure of BTC volatility now “at 11% realized less implied.” As… Read More

February 15, 2022 @ 3:05 pm By Omar Faridi  |  

The correlation of Bitcoin (BTC) to the Nasdaq stands at around 53% and declining. Recently, the S&P and the Nasdaq have stabilized after the late January 2022 selloff, according to an update from BitOoda. As they’ve noted, a large down day in the Nasdaq is… Read More

December 18, 2021 @ 3:21 pm By Omar Faridi  |  

BitOoda, an international digital asset financial technology & services platform offering risk management solutions, best-execution brokerage & expert market analysis, notes that Bitcoin declined 3.3% week-on-week, settling at around $48,830 as of midnight UTC on December 15, but has now dropped further to about $46,300 at… Read More

September 26, 2021 @ 9:10 pm By Omar Faridi  |  

As widely reported, China has expanded its ongoing cryptocurrency crackdown. This reportedly includes increasing enforcement against illegal digital currency mining, as well as preventing financial transactions involving crypto-assets. The Chinese central bank also confirmed that any trading, order matching, token issuance and derivatives on cryptocurrencies… Read More

September 13, 2021 @ 10:33 pm By Omar Faridi  |  

The team at BitOoda, an international digital asset financial technology & services platform providing next-gen risk management solutions, best-execution brokerage & expert market analysis, notes in a recent crypto market update that Bitcoin (BTC) dropped around 5.1% WoW, settling at $46,187 “as of midnight UTC… Read More

August 17, 2021 @ 10:03 am By Omar Faridi  |  

The researchers at BitOoda have noted in a recent update that this past Friday’s Bitcoin (BTC) network difficulty reset “took the target Hashrate (or amount of computing power securing the network) to 111 EH/s, up ~7% over the prior epoch.” BitOoda, a global digital asset… Read More

July 21, 2021 @ 12:44 am By Omar Faridi  |  

The team at BitOoda, a global digital asset financial technology & services platform providing next-gen risk management solutions, best-execution brokerage & expert market analysis, has released their Weekly Hash Report, dated July, 19 2021. As noted in the report from BitOoda, hashrate or the amount of… Read More

July 6, 2021 @ 10:56 am By Omar Faridi  |  

The BitOoda team has shared their Weekly Hash report, dated July 5, 2021. The target Bitcoin (BTC) hashrate is down 28% (on weekend reset), the BitOoda team noted in their latest report. China’s Bitcoin mining ban is “playing out, resulting in target Hashrate falling to… Read More

June 30, 2021 @ 7:55 am By Omar Faridi  |  

China’s Bitcoin mining ban has been moving forward in an aggressive manner, which has led to a rapid decline in hashrate or the amount of computing power required to secure the BTC network. The team at BitOoda notes in a blog post, dated June 29,… Read More

June 21, 2021 @ 7:51 am By Omar Faridi  |  

The team at BitOoda, a global digital asset financial technology and services platform offering risk management solutions, recently noted that the Bitcoin market is continuing its consolidation pattern. As mentioned in an update from BitOoda, $30,000 has “proved to be a support level for now.”… Read More

May 29, 2021 @ 10:31 am By Omar Faridi  |  

The team at BitOoda, a global digital asset financial technology and services platform offering risk management solutions, “best-execution” brokerage and market analysis, notes that based on questions they’ve been getting from their clients and partners, they’re now sharing their latest analysis of “potential scenarios” resulting… Read More

May 22, 2021 @ 8:51 am By Omar Faridi  |  

The team at BitOoda, a global digital asset financial technology and services platform offering risk management solutions, “best-execution” brokerage and market analysis, notes that in China, Vice Premier Liu He, in a meeting of the Financial Stability and Development Committee, had stated on Friday (May… Read More

May 18, 2021 @ 11:10 pm By Omar Faridi  |  

The team at BitOoda, a global digital asset financial technology and services platform offering risk management solutions, “best-execution” brokerage and market analysis, has published their Weekly Hash Report (dated 5/17/2021). As mentioned in BitOoda‘s report, Bitcoin (BTC) “sold off 21% to $46,023 as of 5/16… Read More

May 11, 2021 @ 8:21 pm By Omar Faridi  |  

The team at BitOoda, a global digital asset financial technology and services platform offering risk management solutions, best-execution brokerage and market analysis, has released their Weekly Hash Report (dated 5/10/2021). As mentioned in the report from BitOoda, Bitcoin (BTC) surged 3% week on week (WoW), “reaching… Read More

April 27, 2021 @ 11:37 pm By Omar Faridi  |  

Bitcoin (BTC) price dropped 4.2% week on week (WoW), but then managed to recover from a dip on April 26, 2021, to ~$47,000 back to $53,450, the BitOoda team noted in their latest market report. Bitcoin is trading at just over $54,500 at the time… Read More

April 14, 2021 @ 10:24 pm By Omar Faridi  |  

The team at BitOoda, a global digital asset financial technology and services platform providing “next-gen” risk management solutions, notes that Bitcoin (BTC) is up by around $8,000 since their last crypto market commentary on April 8, 2021. The BitOoda team adds that “more importantly,” Bitcoin… Read More

March 9, 2021 @ 5:40 pm By Omar Faridi  |  

The team at BitOoda, a global digital asset financial technology and services platform providing “next-gen” risk management solutions, “best-execution” brokerage and expert market analysis, has published their Weekly Hash (3/8/21) Report. The report covers custody battles that are heating up in the crypto space, along… Read More